Are Chinese wind turbines financeable in Europe?

An interesting article by Clément Weber, consultant at Green Giraffe Advisory, on whether Chinese wind turbines are financeable in the European offshore wind power market.

The article arises from the latest news starring Mingyang:

  • Being chosen by Luxcara as the preferred supplier for an offshore wind farm in Germany.
  • The agreement between Mingyang and Renexia to open a factory in Italy to supply the turbines for the parks developed by Renexia itself.

Clément’s analysis is quite thorough, reaching a rather interesting conclusion:

Western OEMs can breathe easy. Even without a protectionist policy, there won’t be a flood of Chinese OEMs in Europe anytime soon.

It’s worth reading the article on the Green Giraffe Advisory website.

https://windletter.substack.com/p/sistemas-renovables-aislados-grandes-mundo?utm_source=post-email-title&publication_id=1178124&post_id=148082142&utm_campaign=email-post-title&isFreemail=true&r=ohn78&triedRedirect=true&utm_medium=email

Sergio Fdez Munguía